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Brexit means Brexit means……..? - AXIS - QROPS and offshore pension specialists

Brexit means Brexit means……..? - AXIS - QROPS and offshore pension specialists | QROPS | Scoop.it
What does 'Brexit means Brexit' mean to British expats in Europe? Consider some of the issues that they face.
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Pensions and interest rates - AXIS - QROPS and offshore pension specialists

Pensions and interest rates - AXIS - QROPS and offshore pension specialists | QROPS | Scoop.it
Pensions and interest rates: read all about it! Make sure that you are up to date with the news and understand how interest rate movements affect you.
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The recent reduction in UK interest rates to 0.25% in response to pressures on the post-Brexit economic situation is both good news and bad news; for some however it’s ugly! It all depends on perspective and how the reduction affects everyone individually.
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Retiring to the Algarve, the ‘Florida of Europe’ - AXIS - QROPS and offshore pension specialists

Retiring to the Algarve, the ‘Florida of Europe’ - AXIS - QROPS and offshore pension specialists | QROPS | Scoop.it
Retiring to the Algarve in Portugal can be an attractive proposition for many expats. Along with the obvious lure of the ‘sun and sea’, there is also the added benefit of low taxation for retirees. Tax competitiveness is a well-established way of attracting the people you want to work or live in your country. The... Read more »
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Retiring to the Algarve? Take your UK pension with you and transfer to a QROPS.
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Sink or swim: Brexit and expat pensions - AXIS Consultants, the QROPS specialists

Sink or swim: Brexit and expat pensions - AXIS Consultants, the QROPS specialists | QROPS | Scoop.it
Consider the impact of Brexit on expat pensions!
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QROPS: Mind the gap

QROPS: Mind the gap | QROPS | Scoop.it
QROPS legislation can be complicated. A good adviser can help you bridge any gap in your knowledge.
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Check out the latest developments with QROPS

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Divorce And Pensions: How Assets Are Divided Between Couples

Divorce And Pensions: How Assets Are Divided Between Couples | QROPS | Scoop.it
Divorce is never an easy subject to talk about, but like death and taxes, the topic is an inevitability in the life of a financial adviser. Between 40 and 50% of marriages end in separation with expats featuring at the higher end of the scale.
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www.axis-finance.com/2015/09/qrops-developments-in-2015/

www.axis-finance.com/2015/09/qrops-developments-in-2015/ | QROPS | Scoop.it
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Find out about QROPS developments in 2015

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Lifetime Allowance: £1.25 million doesn’t go as far as it used to! - AXIS - QROPS, Retirement & Wealth Managment

Lifetime Allowance: £1.25 million doesn’t go as far as it used to! - AXIS - QROPS, Retirement & Wealth Managment | QROPS | Scoop.it
Watch out for the pension Lifetime Allowance (LTA) in the UK. From April 2016 the Lifetime Allowance on pension values will be reduced from £1.25m to £1m.
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By transferring to a QROPS and keeping your UK pension pot below the £1m Lifetime Allowance limit, your total saving potential is almost unlimited.

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Tips on how to transfer funds abroad

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Look out for a specialist currency exchange trader when you want to transfer funds abroad. It always pays to be informed about exchange rates.

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Pension changes in 2015: what are they?

Pension changes in 2015: what are they? | QROPS | Scoop.it
Make sure that you are informed about pension changes in 2015 and how they might effect you. Particularly if you are thinking of retiring abroad.
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The new pension freedoms recently announced by George Osborne are, on the face of it, good news for retirees. 

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QROPS List - be sure your proposed scheme is approved

QROPS List - be sure your proposed scheme is approved | QROPS | Scoop.it
If your proposed scheme is not on the QROPS List, any transfer would be treated as a transfer to a non-qualifying overseas scheme. Penalties may be applied.
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If you are going to do a QROPS, be sure your scheme is approved!

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UK budget: Pensions – Everyone’s a winner

UK budget: Pensions – Everyone’s a winner | QROPS | Scoop.it
        The budget was full of surprises in terms of changes to UK pension legislation. The changes affect the benefits that
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UK budget: Pensions – Everyone’s a winner

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Axis Blog – The Pension Pulse » QROPS – a Maltese dilemma

Axis Blog – The Pension Pulse » QROPS – a Maltese dilemma | QROPS | Scoop.it
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QROPS are designed to pay out benefits to members at the age of 55. They were structured in such a way so as to reflect the UK system, wherein 55 is also the earliest date that individuals are permitted to begin receiving their pensions

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Minimising retirement income tax in Spain - AXIS - QROPS and offshore pension specialists

Minimising retirement income tax in Spain - AXIS - QROPS and offshore pension specialists | QROPS | Scoop.it
Want to reduce your retirement income tax in Spain? Consider using a QROPS!
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Offshore retirement plans - AXIS Strategy

Offshore retirement plans - AXIS Strategy | QROPS | Scoop.it
Offshore retirement plans are designed by international banks or insurance companies and tailored for the expat community. 
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How to claim your Lifetime Allowance Protection for 2016 - AXIS - QROPS and offshore pension specialists

How to claim your Lifetime Allowance Protection for 2016 - AXIS - QROPS and offshore pension specialists | QROPS | Scoop.it
April the 5th has come and gone and we are now into the new UK tax year. The dust has settled after the rush for expatriates to either commence benefits for UK pensions or transfer to a Qualifying Recognized Overseas Pension Scheme or QROPS arrangement. The reason for the latest ‘silly season’ is the further... Read more »
Des Cooney's insight:
April the 5th has come and gone and we are now into the new UK tax year. The dust has settled after the rush for expatriates to either commence benefits for UK pensions or transfer to a Qualifying Recognized Overseas Pension Scheme or QROPS arrangement. The reason for the latest ‘silly season’ is the further reduction in the Lifetime Allowance (LTA) from £1.25m to £1m.
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Think Twice Before Putting Any More Money Into Your UK Pension Advises AXIS Strategy Consultants

Think Twice Before Putting Any More Money Into Your UK Pension Advises AXIS Strategy Consultants | QROPS | Scoop.it
Watch out for changes in the UK Pension Lifetime Allowance in 2016
Des Cooney's insight:

This may be the recommendation given by your financial adviser if the total value of your UK tax relieved pension plans exceeds, or is close to exceeding, GBP1m after 6th April 2016. Tax penalties for having more than the Lifetime Allowance(LTA) after that point are punitive: 25% on income payments (in addition to normal income tax), and 55% on lump sums. 

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Modernise your pension

Modernise your pension | QROPS | Scoop.it
Modernise your pension by maximising opportunities and minimising threats!
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From time to time we all need to upgrade or modernise our possessions. Our computer software programs are upgraded automatically (even if we’re not quite sure why). We improve our homes, cars, golf clubs and wardrobe, but how many of us check our pensions to make sure we’re maximising opportunities and minimising potential threats?

 
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Offshore accounts – Is tax avoidance legal?

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The question of what is evasion and what is avoidance in terms of offshore accounts has long been a matter of contention among tax authorities and financial planners.

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Latest developments in QROPS legislation

Latest developments in QROPS legislation | QROPS | Scoop.it
Find out about the latest developments in QROPS legislation. Which jurisdiction should you choose? Make sure you understand the new rules.
Des Cooney's insight:

A draft Statutory Instrument published by HMRC on 19th December 2014 recognises the need to align the treatment of members of UK registered schemes with those of overseas schemes. The objective is for theQROPS regime to be consistent with that of UK pension legislation.

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European migration and pensions

European migration and pensions | QROPS | Scoop.it
Read about European migration and pensions. What are the benefits of using a QROPS to transfer your pension when retiring abroad?
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Read about European migration and pensions. What are the benefits of using a QROPS to transfer your pension when retiring abroad?

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The impact on pensions of a ‘yes’ vote on Scottish independence – threat or opportunity?

The impact on pensions of a ‘yes’ vote on Scottish independence – threat or opportunity? | QROPS | Scoop.it
The impact on pensions of a ‘yes’ vote on Scottish independence. will it be a threat or an opportunity?
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What is the impact on pensions of a ‘yes’ vote on Scottish independence?

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QROPS – Reduction in Lifetime Allowance

QROPS – Reduction in Lifetime Allowance | QROPS | Scoop.it
Individuals considering the transfer of their UK pensions to a QROPS should be aware of changes in the Lifetime Allowance (LTA) as the end of the UK tax year ap
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QROPS and the pending reduction in the Lifetime Allowance: 

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